The founder of Inditex, Amancio Ortega, his daughter Sandra, Rafael del Pino, Juan Roig, and Juan Carlos Escotet lead Spain’s great fortunes, according to Forbes Spain’s 2025 ranking of The 100 Richest Spaniards. Altogether, the combined wealth of the 100 richest Spaniards this year amounts to €258.87 billion, a 7% increase compared with last year. Among the new additions is Ibizan businessman and politician Abel Matutes and his family, owners of the Palladium Hotel Group, who enter directly at position 86 with an estimated fortune of €600 million.
“Abel Matutes Prats, at the head of Palladium Hotel Group, achieved a record turnover of €1.202 billion in 2024 and expanded the group’s presence into the Middle East and Asia. Together with his father, Abel Matutes Juan, he also promotes real estate projects such as a €200 million development on the Costa del Sol alongside Rafa Nadal, reinforcing the family’s role as a benchmark in Spanish tourism”, highlights Forbes in its report.
The list also features another Ibizan family: the Marí Washbourne family, which controls Grupo Alonso Marí and ranks fifth among the Balearic Islands’ largest fortunes, with a net worth of €295 million. Grupo Alonso Marí, which received the Diario de Ibiza Award for Business Trajectory in 2023, operates across the hotel, nautical, construction, travel management, and events sectors. Insotel Hotel Group runs eight hotels across the Balearic Islands (half of them five-star) and has expansion plans in Mexico. Insotel Marine Group includes Marina Ibiza, Marina Palma, Prestige Charters, Varadero de Ibiza, and Trasmapi. The conglomerate also encompasses Grupo Alonso Marí Construcciones y Promociones, Viajes Ebusus, Island Bus, Prestige Events, and Prestige Catering—a family-run company employing more than 2,000 people.
Meanwhile, Amancio Ortega, the majority shareholder of Inditex, continues to top the list, as he has since 2014. However, this year his wealth has decreased by 8.6% compared with 2024, due in part to “a slowdown in sales and consumption during the first half of the year, pending the impact of US tariffs at the end of the fiscal year”. Even so, his net worth of €109.9 billion keeps him among the world’s top 10 fortunes, ranking ninth, just behind the Google founders.
Sandra Ortega, the only woman in the Forbes ‘top five’
Behind him is his daughter Sandra Ortega—the only woman in the top five—whose fortune has also decreased by €400 million, to €10 billion. In third place, Rafael del Pino y Calvo-Sotelo, chairman of Ferrovial, maintains his position with an €8 billion fortune, up 11.8% from last year.
In fourth place is Juan Roig, president of Mercadona, whose wealth has risen 36.6% to €7.9 billion. Fifth is Juan Carlos Escotet, president of Abanca, with €6.2 billion, representing 55% growth over 2024.
While in 2023 there was only one woman in the top 10, this year there are three, one fewer than last year but still “closer to parity with men”. Sandra Ortega remains Spain’s richest woman, joined by Hortensia Herrero, vice president of Mercadona, in seventh place with €4.4 billion, up one position from 2024, and María del Pino y Calvo-Sotelo, daughter of Ferrovial’s founder, in eighth place with €4.2 billion, down one spot but up 29.2% in wealth.
The top 10 is completed by Tomás Olivo, owner of General de Galerías Comerciales, in sixth place with €4.6 billion (+€1.9 billion from last year); Miguel Fluxà Roselló, president of Iberostar Group, in ninth place with €3.3 billion, up from 16th; and Florentino Pérez, chairman of ACS, closing the top 10 with €3.1 billion, climbing from 11th.
The rise of the Rubiralta family
The biggest leap in the ranking comes from Jordi Rubiralta, owner of medical diagnostics multinational Werfen, who climbs from 89th to 43rd place thanks to the company’s solid performance, closing the year with €2.184 billion in revenue, 4% higher than the previous year. His brothers José Luis, Marc, and Xavier Rubiralta, also Werfen co-owners, make their debut at positions 48, 49, and 50, each with a personal fortune of €1.1 billion.
Other notable new entries include Gloria and Leonor March Delgado, shareholders of Corporación Financiera Alba, ranking 69th and 89th with fortunes of €700 million and €500 million, respectively.
Likewise, Abel Matutes and family appear in 86th position with €600 million, representing the tourism sector through their Palladium Group. Joaquín Molins López-Rodó and family, shareholders of Cementos Molins, rank 77th, with €655 million.
Meanwhile, Julio Iglesias remains Spain’s richest singer, with €630 million, placing 81st.
Wealth by region
The Community of Madrid remains the region with the most fortunes—29 in total—accumulating €46.78 billion, one fewer than in 2024 but 13.2% higher in value.
Close behind is Catalonia, with 28 fortunes (two more than last year) and a combined wealth of €29.72 billion. Galicia, however, continues to be the region with the highest total wealth, at €129.85 billion, thanks to the “Ortega effect”. In fact, the combined wealth of the Ortega family alone, around €119.9 billion, exceeds Galicia’s entire GDP in 2024 (€77.36 billion).
Following the same trend as last year, the Valencian Community, with five millionaires, continues to grow, from €12.46 billion to €16.17 billion, driven by the “good financial health” of companies such as Naviera Boluda and Mercadona.
Escotet, Spain’s richest football businessman
In the sports world, the wealthiest football investors remain Juan Carlos Escotet, shareholder of Deportivo de La Coruña (€6.2 billion); Florentino Pérez, president of Real Madrid (€3.1 billion), whose club is valued at €1.921 billion; and Fernando Roig, president of Villarreal (€2.1 billion).
He is followed by Miguel Fluxà Roselló (87, Iberostar, €3.3 billion), Juan Abelló (83, Torreal, €3 billion), the March Delgado brothers (80 and 85, Corporación Financiera Alba, €4.1 billion), and Isabel Castelo, the oldest on the list at 96, with €1.3 billion in the insurance sector.